US Edition
Argentine Lawyers Charge President Milei with Fraud over Cryptocurrency Promotion
- In February 2025, Argentine President Javier Milei posted on X promoting the Solana-based LIBRA memecoin, triggering a rapid price surge and crash.
- Milei requested a special task force to investigate his possible misconduct after the LIBRA token soared to nearly $5 then dropped by about 95%.
- The investigation, now closed by the Unidad de Tareas de Investigación, concluded the post was a personal opinion with no official endorsement or ethics violation.
- The LIBRA token's value spiked and tumbled within hours, causing millions in investor losses and political calls for Milei's impeachment amid accusations of a crypto rug pull.
- Although cleared of wrongdoing, Milei faces ongoing political scrutiny, with Argentina's Chamber of Deputies approving an investigation commission into the LIBRA controversy.
26 Articles
26 Articles
Javier Milei Acted In 'Personal Capacity' And Didn't Violate The Law: Argentina's Anti Corruption Office Clears President In Solana-Based LIBRA Memecoin Scandal
Argentina’s President Javier Milei has been cleared by the country’s Anti-Corruption Office in the controversial LIBRA memecoin scandal that eroded millions of dollars in investors’ wealth. What Happened: The anti-corruption office concluded that Milei was acting in “personal capacity” when he promoted the Solana (CRYPTO: SOL)-based cryptocurrency via his X post and “did not violate” the the Public Ethics Law that governs public officials in the…
It was the conclusion reached by the office that depends on the portfolio of Mariano Cúneo Libarona.They point out that the post was "of his personal account".
The Public Prosecutor considers that the Spanish courts are not competent despite the fact that the Comuns denounced the residence in Spain of several of the promoters of the currency 'Libra' A ghost project and a handful of cryptobros that take millions: the keys to the 'Libragate' scandal of Milei The Prosecutor's Office of the National High Court has refused to investigate the cryptocurrencies scam promoted by the president of Argentina, Javi…
Argentina’s President Milei faces impeachment after promoting controversial Cryptocurrency
The cryptocurrency incident urged the Argentine presidency to announce an investigation. Milei’s office said the Anti-Corruption Office would examine the situation to determine if any improper conduct occurred, including by the president himself.
Javier Milei’s participation in a cryptocurrency event is surprising when he is actually being investigated for his necessary participation in the $LIBRA scam. But also the anarchocapitalists who invited him should not fail to know that Milei is one thing from the mouth out and another very different is what he is really doing with the banks. The rest of the panel preferred to focus on the presidential speech when he asked for “death to socialis…
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Bias Distribution
- 40% of the sources lean Left, 40% of the sources lean Right
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